Showing 1 - 10 of 932
We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...
Persistent link: https://www.econbiz.de/10010213481
increasing offshoring activity increases competition in the final goods market, leading to a progressive vertical disintegration … of the supply chains. Initially, the firms that decide to explore offshoring potential choose integration. As competition …
Persistent link: https://www.econbiz.de/10013332242
firms that are consistent with stylized facts from the recent empirical literature. -- multinational firms ; outsourcing … ; intra-firm trade ; offshoring ; vertical FDI …
Persistent link: https://www.econbiz.de/10009273125
Understanding the drivers of international production fragmentation is an important issue for Latin American and Caribbean countries because participation in global production networks can help mitigate instability due to dependence on natural resources and can provide opportunities for further...
Persistent link: https://www.econbiz.de/10011303271
This study sheds light on how Costa Rica’s insertion in global value chains occurs by examining governance patterns, the type of activities involved, and the level of underlying innovation in the selected value chain. The paper describes in detail two case studies of electronic-related...
Persistent link: https://www.econbiz.de/10011303272
This study is an effort to identify the process by which firms venture into GVCs and the obstacles faced by firms once they have been immersed in it. We have focused on two particular GVCs: the aerospace GVC and the software and IT services GVC. Through the case studies, we analyzed the nature...
Persistent link: https://www.econbiz.de/10011303273
Offshore outsourcing of administrative and technical services has become a mainstream business practice. Increasing … commoditization of business services and growing client experience with outsourcing have created a range of competitive service … delivery options for client firms. Yet, data from the Offshoring Research Network (ORN) suggests that, despite increasing …
Persistent link: https://www.econbiz.de/10014186470
We use Spanish firm-level data to test the hold-up model of global sourcing proposed by Antr s & Helpman (2004). We propose a novel representation of the model which guides us in bringing the theory to the data. We estimate a discrete choice model of firms' sourcing behavior, separately for the...
Persistent link: https://www.econbiz.de/10010336794
input supplier (vertical integration vs. outsourcing), as well as the location of intermediate input production (offshore vs … intensity, but favors outsourcing in industries of high sourcing intensity. Moreover, we find that productivity boosts … offshoring throughout all industries, with the effect increasing monotonically in the sourcing intensity. Our results lend strong …
Persistent link: https://www.econbiz.de/10010476678
We present a North-South model of international trade in which differentiated products are developed in the North. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral characteristics, firms decide whether to integrate into the...
Persistent link: https://www.econbiz.de/10014082766